India’s work participation rate is lower than Pakistan and Bangladesh.Are Indians lazy?No, there are no jobs, asserts Aakar Patel. A few months after taking office, Modi said in the Lok Sabha that MNREGA would be continued only because it would…
Read More‘Time to reduce weight in mid, small-cap stocks’
‘We are most bullish on all aspects of the financial sector — private sector banks, even one state-owned bank, insurance, mortgage finance, broking, wealth management, gold finance, etc.’ The primary and secondary markets in India have been buzzing with activity…
Read MoreIndia could begin trials for a digital rupee by December, central bank governor says
The Reserve Bank of India may launch its first digital currency trial programs by December, governor Shaktikanta Das told CNBC. RBI is studying various aspects of a digital currency including its security, its impact on India's financial sector as well…
Read MoreIndia’s Cairn and Unable Moment
The Indian State does not believe in the rule of law. It does not even recognise the need to follow treaties that it itself signed.And so it is refusing to shell out to Cairn; and, as a consequence, has brought…
Read MoreIndia’s power consumption returns to pre-COVID level in first fortnight of July; up 17% to 59.36 BU
Power consumption during July 1-14 last year was 50.79 BU India’s power consumption grew nearly 17% in the first fortnight of July to 59.36 billion units (BU) and returned to pre-pandemic level mainly due to easing of lockdown curbs and…
Read MoreLightning strike in India kills 18 people taking selfies at 12th-century tower
Fox News Flash top headlines for July 12 Fox News Flash top headlines are here. Check out what’s clicking on Foxnews.com. A lightning strike killed 18 people taking storm selfies at the top of a 12-century watchtower in northern India…
Read MoreOil prices 'very challenging', need them to sober a bit: India to OPEC
India is a price-sensitive market and it will buy oil wherever it gets competitive rates, says Oil Minister Dharmendra Pradhan Ahead of a meeting of oil producers’ cartel OPEC, India on Tuesday said the current oil prices are "very challenging"…
Read MoreIndia's ambitious vaccine targets alone will not help immunize its massive population
India set an ambitious target to manufacture more than 2 billion Covid-19 vaccines by December — enough to inoculate most of its massive 1.3 billion population. But authorities have to convince people to get their shots, particularly those in small…
Read MoreIndia may have LOST 10-12% of GDP growth FOREVER
India’s likely medium-term potential growth will almost certainly be markedly lower than that experienced in pre-pandemic years, predicts Shankar Acharya, former chief economic adviser to the Government of India. Almost exactly a year ago, hardly three months into the Covid…
Read MoreIndia may have LOST 10-12% of GDP growth FOREVER
India’s likely medium-term potential growth will almost certainly be markedly lower than that experienced in pre-pandemic years, predicts Shankar Acharya, former chief economic adviser to the Government of India. Almost exactly a year ago, hardly three months into the Covid…
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